9,312.13 TRY BIST 100 BIST 100
38.20 USD USD USD
5.25 CNY CNY CNY
43.91 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
46.74 TRY Interest Interest
66.21 USD Fossil Oil Fossil Oil
41.10 USD Silver Silver
488.00 USD Copper Copper
100.29 USD Iron Ore Iron Ore
352.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,091.06 TRY Gold (gr) Gold (gr)

Consumer confidence hits five-month high in December

Turkey's consumer confidence index increased by 2.6 percent to 77.4, reaching a five-month high, according to data for December.

Consumer confidence hits five-month high in December

Based on the results of the consumer tendency survey conducted jointly by the Turkish Statistical Institute and the Central Bank of the Republic of Turkey, the Consumer Confidence Index, which was 75.5 in November, increased by 2.6 percent to 77.4 in December.

According to Turkish Statistical Institute data, while the index for the financial situation of households in the current period increased to 63.4, the expectation for the financial situation in the next 12 months was 76.1. Economic situation expectation was recorded as 75.8 on an annual basis, while it increased by 3.3 on a monthly basis.

Consumer expectations for spending on durable goods in the next 12 months also increased from 92.6 to 94.5 in December. Consumer Confidence Index indicates an optimistic situation in consumer confidence when it is above 100 and a pessimistic situation when it is less than 100. The increase in December indicates a positive change in the economic situation and spending expectations of consumers.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Indian PM Modi announces steel production targets

Thursday, April 24, 2025

Sharp decline in the Turkish imported scrap market

Thursday, April 24, 2025

Genmin signs deal with Chinese firm for iron ore project

Thursday, April 24, 2025

Maaden unveils bold vision for the sector with new brand identity: “Unearth Tomorrow”

Thursday, April 24, 2025

Minister Şimşek and US Treasury Secretary Bessent met in Washington

Thursday, April 24, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now